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Updated over 7 years ago,
Better use of $300k in SF Bay Area
Hello BP, What is a better use of $300k in the Bay Area?
Option 1: Scour for a rental property with positive cash flow. Hard to do but there is always hope.
Option 2: Invest in adding extra space in primary home. The quotes are for $300 per sq feet in construction costs to add space. Homes in the area are selling for $1000 or more per square feet.
If the idea is to increase net worth option 2 looks better. Not to mention the joy of living in a bigger upgraded home. But that’s just my simple brain thinking. What do the gurus on the forum think?